Getting your player ready...
Pilgrim’s Pride said lenders agreed to extend a temporary waiver of some conditions of its credit agreements and will continue to provide the company with liquidity through Nov. 26.
Under the waiver agreement, lenders including Greenwood Village-based CoBank ACB and Canada’s Bank of Montreal required Pilgrim’s Pride to hire a chief restructuring officer within 10 business days, Pittsburg, Texas-based Pilgrim’s Pride said Monday in a regulatory filing.
